|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
HINGHAM FEDERAL CREDIT UNION
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
HINGHAM FEDERAL CREDIT UNION |
| Address | 19 FORT HILL STREET
HINGHAM, MA 02043 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 30 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $2,293,000 |
| Average Mortgage Loan Amount Applied For | $58,500 |
| Highest Mortgage Loan Amount Applied For | $363,000 |
| Average Applicant Income | $109,000 |
| Highest Applicant Income | $211,000 |
|
|
|
| Home Improvement |
21 | $1,010,000 |
$48,000 | $330,000 |
$92,000 | $211,000 |
| Home Purchase |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Refinancing |
9 | $1,283,000 |
$142,000 | $363,000 |
$52,000 | $112,000 |
|
|
| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
30 | $2,293,000 |
$76,000 | $363,000 |
$80,000 | $211,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
30 | $2,293,000 |
$76,000 | $363,000 |
$80,000 | $211,000 |
| FHA-insured (Federal Housing Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
|
| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
3 | $84,000 |
$28,000 | $49,000 |
$82,000 | $122,000 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
27 | $2,209,000 |
$81,000 | $363,000 |
$79,000 | $211,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
|
| Collateral |
2 | $59,000 |
$29,000 | $49,000 |
$102,000 | $122,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Debt-To-Income Ratio |
1 | $25,000 |
$25,000 | $25,000 |
$42,000 | $42,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
Mortgage Loan App Totals for HINGHAM FEDERAL CREDIT UNION by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
